Re: [EquisMetaStock Group] (unknown)

["Roy Larsen" <rlarsen@xxxxxxxxxx>]

Hi Julio

 

 

The weekly price given when the last bar of data is dated Wednesday depends on the "mode" that the indicator is set to. 0 is "static", 1 is "dynamic" and 2 is "delayed". In dynamic mode the last bar returns a dynamic price or value for the week. That is, the last bar will always be treated as the close of the current week. In static mode the price updates each Friday. Multi-frame formulas mark Fridays in a different way to weekly formulas and don't update the Friday data until Monday data is present. Delayed mode updates all weeks on the Monday so the plot is effectively delay by one bar relative to static and dynamic modes. Timing is a little more complicated for the multi-frame formulas, which is why static mode does not update when the last bar is a Friday. I'll look at correcting that aspect when I have a spare moment or two.

 

 

In the Multi-frame formulas the first bar of the new week or month etc is set first, and the bar before that is taken to be the Friday or end of month bar etc. This method relies on looking forward one bar, and that's why static mode can't update when the last bar of data is an end of week etc.

 

Hope this helps.

 

 

Regards

 

Roy

 

----- Original Message -----

From: joo_gon

To: equismetastock@xxxxxxxxxxxxxxx

Sent: Thursday, November 20, 2008 11:57 AM

Subject: Re: [EquisMetaStock Group] (unknown)

Hi Roy,

I have barely take a glance at your site and ... well ...
Congratulations!!

Taking advantage of your advise, I would like to ask you a question:
If I understand your weekly and multi-frame formulas, all them are
based on close price data. So, if you're dealing with, lets say, a
weekly calculation and your last bar is a Wednesday data:
- Is the last value calculated only for three days?
- Don't you have into account a week until it's finished?
- Is every week recalculated from Wednesday to Wednesday?

I hope you don't have too many problems trying to understand what I
mean (because of my limited English).

Thanks in advance and best regards,

Julio

--- In equismetastock@yahoogroups.com, "Roy Larsen" <rlarsen@xxx> wrote:
>
> Hi Julio
>
>
> My advice would be to send your questions, concerns and suggestions
to me :-) From time to time I improve or modify formulas but do not
always get to update the web site immediately. As of this moment there
are improvements to several of the EOD-based multi-frame formulas that
have yet to be posted.
>
>
> Regards
>
> Roy
> rlarsen@xxx
>
>
> ----- Original Message -----
> From: Julio Gonzalez
> To: equismetastock@yahoogroups.com
> Sent: Saturday, November 15, 2008 12:03 PM
> Subject: [EquisMetaStock Group] (unknown)
>
>
>
> Hi everyone,
>
> I''m testing some daily trading systems based on weekly and daily
indicators ... and it's not easy in MS. Fortunately I've found a very
interesting site with lots of indicators:
>
> http://www.metastocktips.co.nz/
>
> Does anyone have any experiencie in using those formulas? Any advise?
>
> Thans in advance,
>
> Julio
>
>
>
>
>
>
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